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Nomura cuts target price of this AI, data centre beneficiary company. Here’s why

Nomura remains positive on Anant Raj despite trimming earnings estimates and lowering its target price due to slower cloud ramp-up and project delays. The brokerage expects growth visibility to improve from Q2FY27 as new cloud capacity comes online and residential launches gain momentum.

from Economic Times https://ift.tt/xjhYAS1
Nomura cuts target price of this AI, data centre beneficiary company. Here’s why Nomura cuts target price of this AI, data centre beneficiary company. Here’s why Reviewed by News Today on June 24, 2026 Rating: 5

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